MTN Offers SMEs Platform To $15bn Nigerian Investment

MTN Nigeria has said it is offering small and medium enterprises (SMEs) access to its over $15 billion Nigerian investments...

7Up up Dividend By 10%, Offers Investors N2.75 Kobo in 2015 End

Soft drink makers, Seven-Up Bottling Company Plc on Monday increased its dividend payout to investors of the company for the...

Oando Sells 60% Of Downstream Business To Vitol

Oando has agreed to sell a 60 percent stake in its downstream business to Vitol and Helios Investment Partners for...
dirty Naira notes

Failure After Failure, Odu’a Group Approves Restructuring Plan

ODUA Investment Company has announced that the firm has embarked on a five-year growth plan that would grow the group’s...

Rewane Supports Fuel Subsidy Removal And Currency Devaluation

Renowned economist and Chief Executive Officer of Financial Derivatives Company Limited, Bismarck Rewane, has supported calls for the removal of...

What Happens If Greece Defaults on its IMF Loans?

The Greek government faces the prospect of becoming the first developed nation to ever default on its international obligations. ...

Athens Prepares A New Proposal For Its Partners

According to sources cited by Mega Channel, the Greek government is believed to be preparing a new comprehensive agreement proposal,...

AfDB Will Give N3 Billion for Infrastructural Development in Kano

The sum of N3.3 billion would be spent on the provision of rural infrastructure in Kano State. This revelation was...
Lagos Airport

FAAN Moves to Increase Its Revenue Base

The Managing Director of the Federal Airports Authority of Nigeria , FAAN, Saleh Dunoma, has established a special task force...

Pay All Revenues From NNPC, Others Into Consolidated Revenue Fund- Buhari Orders

President Muhammadu Buhari, has ordered all revenue generating agencies such as the Nigerian National Petroleum Corporation (NNPC), Nigeria Customs Service...

Customs Will Generate N10bn Worth Of Duty From Detained Kano Textiles

Following the recent fiscal policy review that removes textile from import prohibition list, the Nigeria Customs Service (NCS) says it...
Nigeria to sign AfCFTA, NACCIMA reacts to signing of AfCFTA Countries that have signed the AfCFTA single market deal

APM Has Invested N70 Billion In Lagos Terminal

APM Terminals, APMT, Apapa, said it has invested about N70 billion in upgrading the facilities at its terminal. ...

Real Estate Investment Drive: Nigeria And South Africa Lead

In a recent report on the Real Estate market in Africa, Nigeria and South Africa are seen to be dominating...

Forte Oil signs $83m contract with Siemens, share price jumps 5% to N191

Forte Oil has signed an $83 million contract with Germany's Siemens to upgrade its 414 megawatt (MW) gas-fired power plant,...

Cocoa Processing Industry Will be Resuscitated in Six Months

The moribund Cocoa Processing Company in Ede, Osun State has received a lifeline with the intervention of two Chinese firms...

FG Will Ease Ceiling On Gas Prices To Boost Supply

The Chairman, Nigerian Electricity Regulatory Commission (NERC), Sam Amadi has said that the regulatory agency will consider endorsing contracts for...

Greece In Shock As Banks Shut After Snap Referendum Call

After a dramatic weekend of twists and turns, Greece looks on track to default on a repayment to the International...

SPDC JV’s Afam VI Delivers 20million MWh Electricity Into National Grid

Shell’s Afam VI Power Plant in Rivers State has delivered over 20 million Megawatt-hour (MWh) of electricity into the Nigerian...

Farming Method Is An Alternative To Oil – Indian Envoy

The Indian High Commissioner to Nigeria, Amb. Ajjampur Ghanashyam has urged Nigeria to introduce Integrated Farming and Drip Irrigation to...

BSMEC Emerges Lead Investor In $1.5bn Badagry Port Project

The Badagry Ship Repair Marine Engineering Consortium has emerged as the lead investor in the $1.5bn dockyard project that is...

Ondo Government And Korean Firm Will Build 550MW Power Plant

The Ondo State Government and a Korean firm, Kingline Development Limited, have concluded plans to boost industrialisation in the state...

SA Insurance Paid N566.65m Claims In Q1

Standard Alliance Insurance Plc said that it paid out consolidated claims totaling N566.65m to its policyholders during the first quarter...

FG, UK Firm Sign $250m JV Satellite Deal

The Federal Government on Friday in Abuja signed a $250m joint venture/partnership agreement with a United Kingdom-based company, Menasat Gulf...

PMB’s Government Incurs N57bn Petrol Subsidy Debt

The Federal Government has incurred a total sum of N56.784bn in petrol subsidy arrears since Muhammadu Buhari took over as...

Widening Gap Between Interbank, BDC Rates: Forex Dealers Express Concern

Foreign Exchange dealers have expressed concern over the widening gap between the interbank and the Bureau de Change rates which nears...

We Will Add Value To The Non Oil Economy – LCCI

Lagos Chamber of Commerce and Industry (LCCI) has presented the prospectus for the 2015 international trade fair, with new scripted to support the government's...
dirty Naira notes

Cash-Strapped States Wants To Change Bank Debts To Long-Term Bonds

As part of measures by the cash-strapped states of the federation to raise funds to pay salary arrears and meet other pressing obligations, the...

Dangote Plans To Invest $250m On Rice And Sugarcane Production

Alhaji Aliko Dangote, the Chairman, Dangote Group of Companies, is to spend 250 million dollars on the production of rice and sugarcane around the...

[BEGINNING OF CLEAN UP] President Buhari Sacks NNPC Board

President Muhammadu Buhari has dissolved the board of the Nigerian National Petroleum Corporation (NNPC). In a statement signed by Haruna Imrana, Director of Communications for...

Oil And Gas Companies Are Reluctant To Hire

A global hiring survey has revealed oil and gas companies’ reluctance in Nigeria and other oil-producing countries to increase hiring...

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GTBank in acquisition talks

Chief Executive Officer of GTBank Segun Agbaje has said that the bank is making plans to expand its market base beyond its present locations.
Frus, FBI, 80 Nigerians

FRAUD: FBI releases names of 80 Nigerians

Not less than 80 Nigerians have been put in the public domain by the United States Government over fraudulent activities, the FBI termed to be one of the massive frauds that have gone down in history.
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FBI’s list of 80 Nigerians indicted for fraud : Nigerians react

Following the FBI’s release of a list containing about 80 Nigerians who were involved in a money laundering case, Nigerians have taken to social media platform, Twitter to react and express their views on the matter.